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Rising interest rates, high home prices and construction tariffs are making homeownership harder to attain in Puerto Rico.
Estudios Técnico’s report notes that 39.2% of seniors in Puerto Rico live below the poverty line.
The new tariffs could intensify pricing pressures and trigger renewed inflation.
According to the Department of Labor and Human Resources, in 2023, the labor force participation rate for women was 36.6%, compared with 51.4% for men.
Graham Castillo, president of Estudios Técnicos Inc.
The island compares well with Chile, Costa Rica and the Dominican Republic, especially in educational partnerships and developing drought-resistant crops.
Top pharmaceutical manufacturers in Puerto Rico include Amgen, Eli Lilly, Baxter, Bristol Myers Squibb, Pfizer, GSK, Johnson & Johnson, AstraZeneca, and Merck.
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